Price for Clock Movements; Complete and Assembled, Electrically Operated in Malaysia - 2024
Contents:
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Malaysia (CIF) - 2022
- Price for Clock Movements; Complete and Assembled, Electrically Operated in Malaysia (FOB) - 2022
- Imports of Clock Movements; Complete and Assembled, Electrically Operated in Malaysia
- Exports of Clock Movements; Complete and Assembled, Electrically Operated in Malaysia
Price for Clock Movements; Complete and Assembled, Electrically Operated in Malaysia (CIF) - 2022
The average import price for clock movements; complete and assembled, electrically operateds stood at $2.4 per unit in 2022, increasing by 6.6% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 149% against the previous year. Over the period under review, average import prices reached the maximum at $29 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2013 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +4.9% per year.
Price for Clock Movements; Complete and Assembled, Electrically Operated in Malaysia (FOB) - 2022
In 2022, the average export price for clock movements; complete and assembled, electrically operateds amounted to $124 per unit, reducing by -41.5% against the previous year. Overall, the export price, however, enjoyed a significant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices attained the peak figure at $212 per unit in 2021, and then declined remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brunei Darussalam ($219 per unit), while the average price for exports to Indonesia totaled $114 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+32.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clock Movements; Complete and Assembled, Electrically Operated in Malaysia
After three years of growth, supplies from abroad of clock movements; complete and assembled, electrically operateds decreased by -41.2% to 10K units in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 422%. As a result, imports reached the peak of 17K units, and then shrank rapidly in the following year.
In value terms, imports of clock movements; complete and assembled, electrically operateds dropped remarkably to $24K in 2022. Overall, imports saw a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 380%. Imports peaked at $58K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Clock Movements; Complete and Assembled, Electrically Operated in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 5.7 | 5.7 | 20.0 | 87.3% |
| Hong Kong SAR | 4.2 | N/A | 25.9 | N/A | 148.3% |
| Thailand | N/A | 1.2 | 4.0 | N/A | 233.3% |
| Finland | 46.2 | N/A | N/A | N/A | 0% |
| Others | 7.5 | 1.2 | 3.1 | 4.3 | -16.9% |
| Total | 57.8 | 8.1 | 38.7 | 24.3 | -25.1% |
Top Suppliers of Clock Movements; Complete and Assembled, Electrically Operated to Malaysia in 2022:
- China (10.1K units)
Exports of Clock Movements; Complete and Assembled, Electrically Operated in Malaysia
In 2022, approx. 77 units of clock movements; complete and assembled, electrically operateds were exported from Malaysia; dropping by -14.4% on the previous year. Over the period under review, exports showed a deep downturn. The exports peaked at 90 units in 2021, and then dropped in the following year.
In value terms, exports of clock movements; complete and assembled, electrically operateds contracted sharply to $9.5K in 2022. In general, exports showed a precipitous setback. Over the period under review, the exports of hit record highs at $19K in 2021, and then dropped rapidly in the following year.
| Export of Clock Movements; Complete and Assembled, Electrically Operated in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Indonesia | N/A | 8.5 | 0% | ||
| Brunei Darussalam | 6.8 | 0.4 | -94.1% | ||
| Botswana | 3.8 | N/A | 0% | ||
| Singapore | 8.4 | N/A | 0% | ||
| Others | N/A | 0.6 | 0% | ||
| Total | 19.1 | 9.5 | -50.3% | ||
Top Export Markets for Clock Movements; Complete and Assembled, Electrically Operated from Malaysia in 2022:
- Indonesia (74.0 units)
- Brunei Darussalam (2.0 units)
- Singapore (1.0 units)
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